Shelley Phase
The Shelley Phase is the second stage of the Cardano blockchain, named after the English poet Percy Shelley. This phase focuses on making the network more decentralized, allowing users to run their own nodes and participate in the network's security and decision-making.
More terms under S
- ShardA shard is a part of a blockchain that has been divided into smaller pieces, each with its own data.
- Shard ChainShard chains are a way to improve cryptocurrency networks by splitting them into smaller parts, which helps reduce congestion and allows for more transactions…
- ShardingSharding is a method used to improve blockchain performance by dividing the data into smaller parts, called shards. Each shard can be handled separately and at…
- Shiba Inu Token (SHIB)Shiba Inu Token (SHIB) is a type of cryptocurrency that started as a fun, meme-inspired digital coin on the Ethereum network.
- Shielded AddressA shielded address is a special type of address used in transactions that keeps the details of the payment private, ensuring that the sender, receiver, and…
- Shielded TransactionA shielded transaction is a type of transaction that happens between two private addresses, keeping the details hidden for better privacy.
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.